Chicagostock Trading

Chicagostock Trading

The Great Reset

05_22_jpg.jpg

In December’s article “The Yellen that Stole Christmas”, the point was to show how buyers in the SP500 were caught above 2040, and needed a Yellen rescue.  The market attempted to breakout to start December, however the rug was pulled from underneath as Yellen reiterated a rate hike later in the month.  After bluffing the market for 2 years on this rate cut, the call fell on many deaf ears.  So it was. Buyers were left caught at higher prices, betting on a “Santa Claus Rally” only to be hoping for Yellen to save Christmas.  For the first time in 6 years and exactly 3 years from December 2012’s FOMC that placed a 6.5% target on NFP for a decision on Fed Funds rate, the FOMC reset the market and hiked the Fed Funds rate by a quarter point.  Bulls did not get what they were looking for and saw the market fall back to retest 1982 support.  The level barely held on December 18th, as the market rallied back for Christmas holiday and the “Santa Claus Rally” was actually a gift from Yellen for stuck longs above 2040 to “breakeven”, or as we like to call it “get out of jail free card”.  

Continue reading
2209 Hits

The Yellen that Stole Christmas

 

When the FOMC decided to place a 6.5% target on NFP rates to justify raising the federal funds rate, the SP500 was trading 1427, gold 1718, US dollar 7985, and 30 year bonds at 148.  

“… the Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent and currently anticipates that this exceptionally low range for the federal funds rate will be appropriate at least as long as the unemployment rate remains above 6-1/2 percent…” (FOMC 12/12/12 source).

Just days after this release, we highlighted the weakness in gold: Whats With Gold? FOMC Spooks Market. Double Top Eyes 1250.

Continue reading
1837 Hits

Pre-FOMC Market Update

 

 

Futures, foreign currency and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. Video content hosted by third party.

Continue reading
1548 Hits

CST Pro May Trial

Excerpt from CST Pro subscription email sent on 04/27/15 for trade day 04/28/15.  As highlighted in the report, 209050 was a long trade with specific stop and target levels. Bottom left of image is excerpt from our chat, highlighting Chicagostock's intraday analysis, followed by a chart of the intraday Emini SP500 on 04/28/15.  

CST Pro Subscription- 2 Week Trial 

  • Daily Emini SP500 Futures Analysis
  • Daily pivots & vol windows (ES/CL/GC)
  • Volatility Windows PDF Guide
  • Swing trade recommendations
  • Live trading chatroom
  • Live charts
  • Live day trading signals 

CHATROOM TESTIMONIALS

 

For the month of May of 2015, we are offering a special 2 week trial period to CST Pro for only $99! This will gain you access to the daily letter, pivots, live day/swing trade signals, trading room, and screen share.  

This is an open offer to allow you the opportunity to try our group and see what we are about. Only serious traders apply. We have room for a maximum of 10 new traders. If you beleive you can find value in joining our group and services, please feel free to apply. See you soon and best of luck trading!

 Please email This email address is being protected from spambots. You need JavaScript enabled to view it. for future trials and or any questions.

 

 

By accepting trial membership you agree to terms and conditions. Chicagostock Trading uses proprietary and copyright protected material.

RISK DISCLOSURE: PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. THE RISK OF LOSS IN TRADING FUTURES AND OPTIONS IS SUBSTANTIAL AND SUCH INVESTING IS NOT SUITABLE FOR ALL INVESTORS.  AN INVESTOR COULD LOSE MORE THAN THE INITIAL INVESTMENT.

Continue reading
1203 Hits

CST Emini Report vs CST Pro

 

CST Emini SP500 Report:

Example and excerpt of ES analysis sent on 04/22/15 for trade day 04/23/15 through CST EMINI SP500 Report:

 

Thursday 04/23/15 Emini SP500 Chart:

05_22_jpg.jpg

Low: 2087.50

High: 2114.50

Tags:
Continue reading
1250 Hits